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Forex Trend Analysis Report

Prepared for you on Tuesday, June 2, 2020.

British Pound/Turkish Lira (FOREX:GBPTRY)

Weak Uptrend (+65) - GBPTRY is showing signs of weakening momentum to the upside. Monitor GBPTRY as it may be in the beginning stages of a reversal.

Is it time to buy, sell, or avoid GBPTRY?

MarketClub looks at technical strength and momentum to determine if the timing is right for GBPTRY.

Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.

FOREX_GBPTRY
Open High Low GBPTRY Price Change
8.508950 8.554722 8.488420 8.522510 +0.013560
Entry Signal

MarketClub’s Trade Triangles for GBPTRY

long term up The long-term trend has been UP since Dec 9th, 2019 at 7.637685

intermediate term down The intermediate-term trend has been DOWN since May 13th, 2020 at 8.551375

short term up The short-term trend has been UP since May 27th, 2020 at 8.364145

Smart Scan Analysis for GBPTRY

Based on our trend formula, GBPTRY is rated as a +65 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+65
Smart Scan Analysis for GBPTRY
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
8.508950 8.554722 8.488420 8.522510 +0.013560
Prev. Close Volume Bid Ask Time
8.508950 8.518440 8.526580 2020-06-02 05:40:30
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